Popular posts from this blog

When we identified any sector/any stock at its bottommost at the right time & at the right placement, from then onwards, if it moved in our expected direction, not only, it gave the best return with low risk but immense satisfaction.

Identified the Metal sector bottom, in Jan 2016 itself was one among them.

On 26th Jan 2016, I sent an email to one of my guys, about the metal sector bottom out stage. As expected, it bottomed out in Feb. 2016 and from their, the uptrend started and now we are entering the third year

One more interesting article regarding EAF posted on a blog TELEVISORY

Graphite electrode (GE), which is primarily used in the steel production via Electronic Arc Furnace (EAF) saw a huge surge in its prices in the past 6-8 months. This was due to a sudden and unforeseen deviation in the demand-supply dynamics. In the last 4-5 years, the global GE industry reeled from over capacity. This led to a low GE prices as the demand which is dependent on steel production through EAF route was down due to slow demand growth, excessive supply from China and higher cost of EAF steel production as compared to Basic Oxygen Furnace (BOF) route. However, the demand-supply witnessed a significant shift by June 2017, with demand exceeding the supply (mainly in China). A sudden shift in the industry’s fortune was largely driven by China’s environmental control policy, which led to a phase-out of old, less efficient and polluting units (across industries). China’s steel and GE manufacturing companies were…